Earlier in the week I called the Chase Sapphire Reserve credit card my favorite credit card and that led to a reader question which I thought was worth sharing.
Like a lot of readers I hold both the Starwood Preferred Guest credit card from American Express as well as the Chase Marriott Rewards Premier Credit card and, with SPG and Marriott Rewards becoming one unified program in August, I've been wondering what to do with my credit cards.
I've been playing around with the miles & points hobby for a few years now (not nearly as long as some but longer than most) and I've built up a significant collection of credit cards. Some of my cards have a near-permanent home in my wallet while others rarely see the light of day but all my credit cards serve a purpose. My favorite credit card is, without a doubt, the Chase Sapphire Reserve credit card and, unless Chase seriously devalues this card's offering, I can't imagine ever giving it up.....but it may well not be the card for you.
If I wasn't expecting a the relaunch of the Chase Hyatt credit card last week I certainly wasn't expecting to hear news that American Airlines and Citi have decided to rebrand and relaunch the AAdvantage Bronze credit card....but that's exactly what has just happened.
I was browsing my American Express accounts over the weekend (paying bills and checking the latest Amex offers that have been loaded to my accounts) and I noticed that Amex has targeted me for some cheap and easy-to-attain sign-up bonuses.
I wrote about the surprising announcement of a new World of Hyatt credit card from Chase last week and it would be fair to say that I like a lot of what the new card offers. It always struck me as odd that the old Chase Hyatt credit card wasn’t the best credit card to use at Hyatt properties (it wasn’t even the best card issued by Chase to use at Hyatt properties) and it was a little strange that the card offered no enhanced path to earning Hyatt status.
Another quarter is over and another one is about to begin - that always means a new set of Chase Freedom bonuses are about to go live. Sunday is the first day of a new quarter so, starting then, Chase Freedom credit card holders will be able to earn 5% cash back or 5 Ultimate Rewards points per dollar (if they also hold a Chase Sapphire card) when spending in three new categories:
I've never held the Hyatt credit card from Chase because, just as I was thinking it was time to sign up (previously I'd had a lot of other cards prioritized ahead on the Hyatt card) Chase devalued the sign-up bonus from 2 nights at any property to a meagre 40,000 points. Add to that the fact that the changes to the Hyatt Loyalty program were not to my liking and the fact that the Hyatt credit card did nothing to boost my chances of top-tier status and you'll probably understand why I haven't considered the card for a while....but that may have just changed.
American Express has new online tool to help people keep track of their credit score and to provide alerts when something happens to change their credit report. The new service from Amex is called "MyCredit Guide" and it's free to use even if you're not an American Express Card holder.
Although I'm not as fastidious as some I still keep a pretty close eye on my credit card portfolio as I hate paying any more in annual fees that I actually have to. This generally means that I review my credit card usage on a reasonably frequent basis and, when an annual fee becomes due, I do my very best to persuade the card issuer to either waive the fee or to at least offer me some miles/points to help offset the fee in some way.